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Wednesday's Afternoon Update
What you need to know about Florida today
House flipping is making a comeback in Florida
Nationally, there has been little change in house flipping in the past year, but Las Vegas is approaching historical highs, and flipping is making a comeback in several Florida markets. According to a report from Trulia, flipping has increased most in Miami, growing from 4.7% to 6.4% of all home sales. Other Florida markets have also seen relatively large increases. Read the full report here.
New owner of U.S. Ambulance pulling jobs out of Orlando
The new owner of Winter Park-based U.S. Ambulance, REV Group Inc., is moving dozens of management jobs out of the Orlando region and to Milwaukee, according to a report by the Milwaukee Journal Sentinel. More from the Orlando Sentinel.
Low-vision nonprofit launches revamped retail store
Lighthouse of Manasota had to reshape its own image before it could focus on the rest of the community. Which is fitting: Its new retail store helps with sight More from the Sarasota Herald-Tribune.
How to build a culture of originality
Empowering the rank and file to innovate is where most leaders fall short. Instead, they try to recruit brash entrepreneurial types to bring fresh ideas and energy into their organizations—and then leave it at that. More from the Harvard Business Review.
First Coast economy shows deflation for January
University of North Florida economist Paul Mason released January figures for the Jacksonville area economy and they show the CPI fell by 0.22, moving from December’s 116.99 to 116.77. If that rate was sustained for the entire, year the First Coast would post a 2.22 percent annual deflation rate. More from the Florida Times-Union.
Agriculture
UF hopping into hops
University of Florida researchers hope to help farmers hop into the beer business by cultivating hops. Scientists with UF’s Institute of Food and Agricultural Sciences will work with a $158,000 grant from the Florida Department of Agriculture and Consumers Services to develop a viable hops crop.
Around the State
Flush with evidence
As toxic algal blooms have spread in the Indian River Lagoon in recent years, all eyes have turned to the usual suspects: Big Sugar, Big Ag and the Army Corps of Engineers, which flushes water from nutrient-overloaded Lake Okeechobee through canals into the lagoon.
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